HBAR has surged 100% recently. With the broader market entering contraction, we’re now watching for a healthy retracement into key support, aligning with the 50% Fibonacci level and a fair value gap (FVG). This could be the formation of a higher low before continuation.
🔍 Setup Overview:
Entry Zone: $0.22 – $0.19
Take Profits: $0.26 / $0.32 / $0.37
Stop Loss: Daily close below $0.18
Bias: Bullish continuation from support
🧠 Trade Idea:
Price is approaching a confluence zone of Fib support and unfilled imbalance. As long as daily structure holds above $0.18, the bullish case remains intact. This zone offers an attractive long setup for the next move higher, targeting previous resistance levels.
⚠️ Invalidation:
A daily close under $0.18 would break structure and invalidate the setup. Monitor price action and volume confirmation around this support zone for entry timing.
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